$439,000 65 BALTIMORE STREET , CUMBERLAND
- MLS#:MDAL136428
- Property Type: Commercial Sale
- Address: 65 BALTIMORE STREET
- City / Zip:CUMBERLAND, MD 21502
- Area:CUMBERLAND
- County:ALLEGANY
- Neighborhood:DOWNTOWN CUMBERLAND
- Bedrooms:0
- Bathrooms:0
- Heated Sq Ft:13,418
- Building Sq Ft:13,418
- Acres:0.13
- Stories:3
- Year Built:1900
- Zoning:CBD
- Date Listed:03/18/2021
Agent's Comments
$439,900 REDUCED !!!OPPORTUNITY ZONE!!! Beautiful Restaurant (now closed) that demonstrated peak sales of more than $2,000/day Avg for 90 days a few years ago. List price includes everything but food/beverages/other supplies, fully furnished and equipped! Great potential upstairs with 3 apartments in place that will be legal to rent after minor kitchen upgrades and Sprinklers. Room for 6 more apartments (+/-) in additional empty gutted space in second & 3rd floors. HISTORIC TAX CREDITS AVAILABLE for upstairs development costs along with other local incentives for upper story development in Downtown Cumberland. Fine Dining 50 Seats Bar area 36 Seats Outdoor Dining 36 Seats = 122 Capacity in/out
- Listing provided courtesy of the MLS.
Map View
Market Trends for
CUMBERLAND
- Last Updated: 5/20/22
Market Snapshot - Total Properties listed: 176
- Average list Price: $187,425.59
- Median list Price: $100,500.00
Typical Property - Commercial
- 1558.53 Square Feet
- $120.26 / Sq. Ft.
Listings provided courtesy of the MLS.
Information deemed reliable but not guaranteed. Listings come from many brokers and not all listings from MRIS may be visible on this site.
Copyright © 2022 MRIS - All Rights Reserved
